Year in review: Unsold Enterprise properties are bought

The No. 2 story of 2012 at Palermo Palm Springs was the sale by the bank of the 34 unsold condos, six vacant models, and undeveloped land in October to investors. The new owners plan to rent out the models and take over the management of the 34 other rental units themselves until the units are sold. Miss Penny Lane says: She's known as an enterprising gal.